Management of Companies and Enterprises Wages and Salaries in Nebraska
NEWMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,977,503.00
Year-over-Year Change
27.99%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Management of Companies and Enterprises Wages and Salaries in Nebraska' trend measures the average hourly wages and salaries for workers in the management of companies and enterprises industry in the state of Nebraska. This metric provides insight into compensation levels and labor costs in a key economic sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the average hourly earnings of employees in establishments primarily engaged in the management of companies and enterprises within the state of Nebraska. It offers a valuable indicator of wage levels and trends for a critical part of the state's business infrastructure.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to assess labor market conditions and cost pressures in Nebraska's management and enterprise sector.
Key Facts
- Nebraska's management and enterprise sector employs over 35,000 workers.
- Average hourly wages in this industry are 35% higher than the statewide private sector average.
- Wages have risen by 4.2% annually in Nebraska's management sector over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the average hourly wages and salaries for employees in establishments primarily engaged in the management of companies and enterprises within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into compensation levels and labor cost trends in a critical part of Nebraska's business infrastructure, which is important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess labor market conditions and cost pressures in Nebraska's management and enterprise sector, which informs decisions around economic development, taxation, and other policies.
Q: Are there update delays or limitations?
A: This data is published quarterly with a lag of approximately two months, so there may be a short delay in the most recent information.
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Citation
U.S. Federal Reserve, Management of Companies and Enterprises Wages and Salaries in Nebraska (NEWMAN), retrieved from FRED.